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Health Care Sector Update for 06/20/2017: JNJ, PFE, ABT, MRK, AMGN, EGLT, NVIV, VAR


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Top Health Care stocks:

JNJ: +0.4%

PFE: +1.3%

ABT: +0.8%

MRK: +1.7%

AMGN: +2.1%

Health care shares were higher in mid-day trade Tuesday.

In health care stocks news, Egalet ( EGLT ) was down 16.8% after the company said it received a complete response letter ( CRL ) from the U.S. Food and Drug Administration (FDA) regarding the prior approval supplement of Oxaydo (oxycodone HCl, USP) tablets C-II in 10 mg and 15 mg dosage strengths. The FDA has requested more information regarding the effect of food on Oxaydo 15 mg and the intranasal abuse-deterrent properties of Oxaydo 10 mg and 15 mg. Egalet said it will work with the FDA to determine the path forward.

In other sector news,

(+) NVIV (6.3%) Enrolls new patient in Inspire study evaluating neuro-spinal scaffold

(-) VAR (-0.1%) Installs proton therapy device in Danish center

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.



This article appears in: Investing , US Markets
Referenced Symbols: EGLT , CRL , JNJ , PFE , ABT


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